Level Four Advisory Services LLC acquired a new position in shares of Leidos Holdings Inc (NYSE:LDOS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,145 shares of the aerospace company’s stock, valued at approximately $201,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Allworth Financial LP acquired a new stake in Leidos in the second quarter valued at $28,000. Valeo Financial Advisors LLC lifted its holdings in shares of Leidos by 496.2% in the second quarter. Valeo Financial Advisors LLC now owns 310 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 258 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of Leidos during the second quarter worth $29,000. Harbor Investment Advisory LLC grew its stake in shares of Leidos by 74.1% in the second quarter. Harbor Investment Advisory LLC now owns 383 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 163 shares during the last quarter. Finally, Private Capital Group LLC lifted its position in shares of Leidos by 83.0% during the 2nd quarter. Private Capital Group LLC now owns 419 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 190 shares during the period. Institutional investors own 74.94% of the company’s stock.
A number of analysts recently issued reports on LDOS shares. Evercore ISI initiated coverage on shares of Leidos in a report on Friday, August 21st. They set an “outperform” rating for the company. ValuEngine raised shares of Leidos from a “sell” rating to a “hold” rating in a research note on Monday, August 3rd. Finally, Robert W. Baird began coverage on Leidos in a report on Wednesday, June 10th. They issued an “outperform” rating and a $140.00 price objective on the stock. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $115.31.
NYSE:LDOS opened at $88.74 on Wednesday. The company has a market cap of $12.62 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 1.50 and a beta of 1.08. Leidos Holdings Inc has a twelve month low of $68.00 and a twelve month high of $125.84. The stock has a fifty day simple moving average of $91.24 and a 200-day simple moving average of $94.58. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.17.
Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.48. Leidos had a net margin of 5.26% and a return on equity of 23.81%. The business had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $3.02 billion. The company’s revenue was up 6.7% compared to the same quarter last year. During the same period last year, the business earned $1.16 EPS. As a group, equities research analysts predict that Leidos Holdings Inc will post 5.44 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Monday, September 14th. Leidos’s dividend payout ratio is presently 26.31%.
Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.
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